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Showing 3421 - 3430 of 22782 results for "Funds"

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
... tax avoidance facility for multimillionaires." According to the ATO, there's just shy of 900 self-managed superannuation funds producing incomes of $1 million or more. "Reasonable people will disagree about the role of super in modern Australia, but ...

Magellan FUM increases despite outflows

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
Magellan reported net outflows of $0.5 billion in January but said its funds under management (FUM) increased slightly by almost 2% last month. The group said FUM shifted in January to $46.2 billion from $45.3 in December, however it is still down in ...

Maple-Brown Abbott veteran leaves after 27 years

CHLOE WALKER  |  MONDAY, 6 FEB 2023
... significant contribution to the firm and look forward to our ongoing interactions with him as he continues as an investor in our funds and as a shareholder of Maple-Brown Abbott." In Bazzan's place, portfolio manager Will Main will be promoted to head ...

Grow Inc partners with data services firm

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... transition process for new super fund clients onto the Grow platform. Novigi will assist in supporting Grow and incoming funds throughout and following the implementation process, while also co-designing technical models to improve the process, it said. ...

CareSuper appoints head of equities

ELIZABETH FRY  |  FRIDAY, 3 FEB 2023
After 15 years at Victorian Funds Management Corporation, Gary Wong has left to join CareSuper as head of equities. Wong has extensive experience in portfolio management and investment research, and he will have responsibility for the fund's Australian ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... million. That month, AMP also offloaded Collimate's real estate and domestic infrastructure equity business to Dexus Funds Management. However, this deal has been delayed as AMP awaits Chinese regulatory approval for the sale of its interest in China ...

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... administration of such a scheme are closely monitored and scrutinised to ensure the cost recovery from industry primarily funds consumer redress rather than unnecessary red-tape, bureaucracy and administration within the scheme. Further adding that industry ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... experience to assist with building that capability- their existing professional advisors. "We recommend that this budget funds a program that provides direct financial incentives to small businesses and NFPs to access advice from their adviser of choice," ...

Regulation should be balanced: Levy

ANDREW MCKEAN  |  WEDNESDAY, 1 FEB 2023
... regulation, leading them to increase fees or leave the profession. Banks, insurers, wealth managers, and superannuation funds are also struggling with the uncertainties and disproportionate risks in the law, causing many to stop offering personal advice ...

Funds SA chief executive to step down

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Jo Townsend will step down as chief executive of Funds SA, capping eight years in the role. Townsend said the decision was not easy and "is very much taken from a personal perspective." She will stay in the role until the board finds a suitable successor ...